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WTW · 1 month ago

Senior Broker - Select

3407 W. Dr. M.L. King Jr. Boulevard, Tampa, FL, 33607, US

Full-time

Onsite

Senior Level

WTW is a leading global advisory, broking, and solutions company. The Senior Broker is responsible for leading the design and negotiation of commercial insurance strategies for small to lower middle market private equity portfolio companies, acting as the primary advocate for clients in the insurance marketplace.

ConsultingInformation TechnologyInsuranceMedicalService Industry

No H1B

Responsibilities

Lead property & casualty placement workflows for project-based business

Conduct due diligence reviews to identify coverage gaps and recommend enhancements or replacement programs, present findings to the Project Manager

File Broker of Record (BOR) letters with carriers and securing copies of policies where replacement programs are not required

Develop and lead market strategy and proposal review meetings with WTW team members to align with client presentation dates

Deliver market intelligence for strategy meetings and utilize available resources throughout the marketing process

Create innovative placement approaches to meet and exceed client expectations

Negotiate premiums, coverage enhancements, commissions, and existing coverages with carriers

Provide a thorough review and analysis of carrier quotes, including but not limited to, coverage, limits, loss history, and exposures

Maintain clear and consistent communication with WTW teams, carriers, and wholesalers throughout the placement process

Bind coverage and create and submit carrier binders/documents

Build and maintain strong carrier and wholesaler relationships

Attend and participate in Industry meetings

Keep informed of changing insurance and risk market conditions

Understand and comply with WTW Excellence Model Management requirements

Collaborate and communicate with other client services teams and Shared Service Centers to smoothly and efficiently complete joint work/process steps/etc

Maintain performance to applicable Client Service and Placement standards and/or metrics

Qualification

Commercial insurance strategiesMarket strategy developmentNegotiation skillsDue diligence reviewsIndustry knowledgeCommunication skillsRelationship building

Required